SNB Pledges to Avoid Franc Manipulation in Joint Release With US
Switzerland and the US deny currency manipulation claims amid a 39% US tariff, reaffirming adherence to International Monetary Fund and G20 currency principles.
7 Articles
7 Articles
Switzerland and US Reaffirm Currency Agreement
Switzerland and the United States have jointly reaffirmed their commitment to avoiding currency manipulation, according to a statement released this week. The agreement underscores both nations’ dedication to maintaining fair exchange rates and a stable international monetary system. The Swiss National Bank has pledged to continue focusing its monetary policy on ensuring price stability within Switzerland. The document, published on Monday, foll…
In a joint statement with the US Treasury, the Finance Department and the National Bank confirm that Switzerland and the US are not using exchange rates to gain competitive advantages for their own economy. The statement could be an element of a larger deal.
US Treasury - Swiss National Bank continues consultation on macroeconomic and foreign exchange - Caribbean News Global
WASHINGTON, USA – As trusted partners, the United States Department of the Treasury on the one side and the Swiss Federal Department of Finance and the Swiss National Bank on the other side shared the understanding to continue their close consultations on macroeconomic and foreign exchange matters in their standing macroeconomic and financial dialogue. The United States and Switzerland reconfirmed that they have undertaken under the IMF Articles…
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